ClickPesa
Financial Solutions
In-app payments refer to transactions made for goods and services directly within mobile applications on devices such as smartphones or tablets. While East Africa boasts the largest mobile money market globally, many businesses in the region, including Tanzania, have been slow to leverage in-app payments as an electronic payment option. However, as consumer demand for …
Paying someone via mobile money is straightforward, most organizations have access to mobile wallets, bank accounts, or nearby mobile money agents for deposits. While making one outgoing payment is simple, managing a high volume of payments can quickly become a complex and error-prone task without an efficient system in place. ClickPesa offers a streamlined mobile …
Embrace Digital Transformation: A Guide for Businesses in Tanzania In today’s information-driven economy, no business can thrive without embracing digital transformation. For businesses in Tanzania, digitizing operations is crucial for staying competitive in an increasingly fast-paced and tech-savvy marketplace. Digital transformation involves integrating technology into business processes, such as using accounting software, adding e-commerce capabilities, …
A significant portion of a business’s cash flow is tied up in invoices, also known as accounts receivable, creating pressure on accountants or finance teams. Managing invoices and chasing late payments can be both time-consuming and costly. Digital invoicing provides a solution to reduce outstanding invoices and improve cash flow while keeping processes streamlined. Here’s …
Why should SMEs digitize payments within their organization? While the costs, challenges, and risks of cash transactions may not have an explicit direct line item on the profit & loss statement, they are significant. A study by the World Bank, for example, estimates that the cost of cash handling in Uganda and Tanzania can be …
What is the easiest way for companies to receive payments in Tanzania? You are an entrepreneur, business or freelancer in Tanzania, you work for clients based abroad, how do they pay you? PayPal is the best way to receive payments in many countries. But not in Tanzania. Many businesses hope will this comes eventually, a …
This article describes how the Tanzania Payment Industry has evolved. Tanzania is one of the fastest growing mobile money markets in the world. Currently transacting US$27.1 billion yearly, half of Tanzanian’s GDP. A 2016 study on the state of the mobile money market in Tanzania conducted by GSMA and research data of Bank of Tanzania (BOT) shows …
The GSMA Mobile 360 Series presents a conference platform cultivating regional engagement through topics that are impacting the mobile industry on both a localised and global scale. This year, the conference was held in Dar es salaam Tanzania. Hundreds of individuals, industry leaders, regulators, companies and politicians attended the GSMA Mobile 360 Series. The core theme …
